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Iran-Linked Hackers Breach FBI Director Kash Patel's Personal Email Account, DOJ Confirms Iran-linked hackers have claimed responsibility for breaching the personal email account of FBI Director Kash Patel, publicly releasing photographs of him, a purported resume, and excerpts of old emails. A U.S. Justice Department official has confirmed the compromise, marking the latest escalation in cyber tensions between the United States and Iran. The hacking group, known as the Handala Hack Team, announced the breach on its website and Telegram channel on Friday. The group posted images of a younger Patel...

Trump Speaks With Qatar Emir As Pakistani-Led Iran Peace Push Intensifies US-Iran de-escalation hopes drove crude oil and rates lower and put a bid in equities by the end of Friday's trading day, amid speculation that President Trump would stay at the White House over Memorial Day weekend instead of attending Donald Trump Jr. and Bettina Anderson’s wedding celebrations in the Bahamas. "As Iran/oil/rates pressure eased on de-escalation hopes, leadership rotated toward small caps, equal weight, housing, transports, discretionary, and selective defensive growth, with short covering in high short-interest/profitless tech and...

"Zero Hormuz Dependency": UAE Races To Rewire Energy Flows, Bypassing Chokepoint Chaos The shuttered Strait of Hormuz is expected to reopen within days, though conflicting reports suggest the US-Iran memorandum of understanding could be formally signed as early as today, Thursday, or Friday. Either way, the interim peace deal appears likely to be signed within the next 48 hours, setting the stage for energy flows through the critical maritime chokepoint to begin normalizing, a process that could take many months. The broader takeaway is that buyers of crude, refined...